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The historical rank and industry rank for PT Merdeka Battery Materials Tbk's EV-to-OCF or its related term are showing as below:
ISX:MBMA'
s EV-to-OCF Range Over the Past 10 Years
Min: -431.23 Med: 51.16 Max: 398.18
Current: 24.87
During the past 7 years, the highest EV-to-OCF of PT Merdeka Battery Materials Tbk was 398.18. The lowest was -431.23. And the median was 51.16.
ISX:MBMA's EV-to-OCF is ranked worse than 93.44% of 2666
companies
in the Metals & Mining industry
Industry Median: -8.815
vs ISX:MBMA: 24.87
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
PT Merdeka Battery Materials Tbk's PE Ratio (TTM) for today is calculated as:
PT Merdeka Battery Materials Tbk's share price for today is Rp525.00.
PT Merdeka Battery Materials Tbk's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp9.684.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
PT Merdeka Battery Materials Tbk EV-to-OCF Related Terms
PT Merdeka Battery Materials Tbk EV-to-OCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PT Merdeka Battery Materials Tbk EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where PT Merdeka Battery Materials Tbk's EV-to-OCF falls into.
PT Merdeka Battery Materials Tbk's current Enterprise Value is Rp84,192,050 Mil.
PT Merdeka Battery Materials Tbk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp3,384,819 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PT Merdeka Battery Materials Tbk (ISX:MBMA) has a EV-to-OCF of 24.87 as of Aug. 17, 2026. This is 51% below median its historical median of 51.16. According to the industry distribution chart, PT Merdeka Battery Materials Tbk ranks #2491 out of 2666 companies in the Metals & Mining industry, placing it in the top 93.4%.
Is PT Merdeka Battery Materials Tbk's EV-to-OCF too high?
PT Merdeka Battery Materials Tbk's current EV-to-OCF of 24.87 is 51% below median its 10-year median of 51.16. Based on the distribution chart, PT Merdeka Battery Materials Tbk ranks #2491 out of 2666 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Merdeka Battery Materials Tbk has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Battery Materials Tbk's EV-to-OCF compare to HL?
According to the Metals & Mining industry distribution chart, PT Merdeka Battery Materials Tbk ranks #2491 out of 2666 companies for EV-to-OCF. This places PT Merdeka Battery Materials Tbk in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. PT Merdeka Battery Materials Tbk's current EV-to-OCF is 24.87, which is 51% below median its own 10-year median of 51.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Battery Materials Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk (ISX:MBMA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp845.66, compared to a current price of Rp525.00 — trading 37.9% below its estimated fair value. The current EV-to-OCF is 24.87, which is 51% below median its 10-year median of 51.16. PT Merdeka Battery Materials Tbk's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For PT Merdeka Battery Materials Tbk (ISX:MBMA), the current EV-to-OCF is 24.87 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PT Merdeka Battery Materials Tbk (ISX:MBMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Merdeka Battery Materials Tbk stock appears to be undervalued.
The current stock price of Rp525.00 is trading 37.9% below its estimated GF Value™ of Rp845.66.
GuruFocus considers PT Merdeka Battery Materials Tbk to be Significantly Undervalued.
Key valuation signals for ISX:MBMA:
EV-to-OCF: 24.87 (51% below median its 10-year median of 51.16)
GF Value™: Rp845.66 vs. price of Rp525.00 (37.9% below fair value)
No single metric tells the full story. See the ISX:MBMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Merdeka Battery Materials Tbk is an integrated battery materials and nickel processing company focused on the electric vehicle (EV) battery value chain in Indonesia. The company engages in nickel mining, smelting, and downstream battery material processing activities. Its business operations include the SCM Mine, RKEF smelters, Nickel Matte operations, AIM Project, IKIP industrial area development, and HPAL projects. The company operates through Mining, Manufacturing, and Other segments, with the majority of revenue generated from the Manufacturing segment.
53GF Score
Get the complete analysis for ISX:MBMA
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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